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Cincy Reporter

Saturday, October 5, 2024

Average cost of college went up for students in Hamilton County in 2022-23 school year

College tuition fees rose 4.7% in Hamilton County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $16,425 on average to attend higher education courses at the time, $734 more than the previous school year.

Among the 20 institutions providing full disclosure in the county, Xavier University stood out with the highest tuition fees, reaching an average of $45,000. Art Academy of Cincinnati followed with an average of $37,394 per year. Cincinnati State Technical and Community College students were offered the lowest annual tuition fees at $5,663.

At the time, at least $91.9 million in grants or scholarships were awarded to full-time undergraduates who started at the Hamilton County universities in the 2022-23 school year. Additionally, federal student loans reached more than $48.5 million.

Currently there are 22 higher education institutions in Hamilton County, including ATA College-Cincinnati, Elite Welding Academy LLC, and Fortis College-Cincinnati.

Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.

According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.

Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.

Of the 22 institutions in Hamilton County, two did not provide detailed data on tuition fees, including Cincinnati College of Mortuary Science and Athenaeum of Ohio.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Total Student Aid in Hamilton County Universities in 2022-23 School Year

InstitutionNumber of Students Receiving GrantsTotal Amount of Grants ReceivedAverage Amount of Grant Per StudentNumber of Students Receiving LoansTotal Amount of Loans ReceivedAverage Amount of Loans Per Student
Athenaeum of Ohio------------
Cincinnati School of Barbering & Hair Design15$89,009$5,9340$0$0
Paul Mitchell the School-Cincinnati54$332,527$6,15869$691,008$10,015
University of Cincinnati-Main Campus4,253$34,852,850$8,1953,214$30,896,910$9,613
Galen College of Nursing-Cincinnati56$353,291$6,30975$854,215$11,390
Xavier University1,189$36,741,367$30,901660$6,547,145$9,920
University of Cincinnati-Blue Ash College888$4,424,451$4,982571$3,352,494$5,871
Gods Bible School and College52$498,624$9,5890$0$0
Union Institute & University------------
Cincinnati College of Mortuary Science------------
Mount St. Joseph University296$8,217,343$27,761231$1,730,794$7,493
Good Samaritan College of Nursing and Health Science0$0$010$122,883$12,288
Elite Welding Academy LLC29$230,132$7,93631$219,500$7,081
The Christ College of Nursing and Health Sciences93$827,460$8,89771$527,533$7,430
Cincinnati State Technical and Community College289$2,144,735$7,421163$837,250$5,137
Moler Hollywood Beauty Academy25$112,950$4,51825$150,000$6,000
Ross Medical Education Center-Cincinnati52$295,944$5,69156$559,585$9,993
Empire Beauty School-Cincinnati72$396,048$5,50171$574,044$8,085
ATA College-Cincinnati30$112,659$3,75530$200,693$6,690
Fortis College-Cincinnati54$394,446$7,30549$398,940$8,142
Art Academy of Cincinnati88$1,696,407$19,27785$570,229$6,709
Great Oaks Career Campuses41$228,546$5,57448$245,828$5,121

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